AnyBook4Less.com	Find the Best Price on the Web Order from a Major Online Bookstore
Home  |  Store List  |  FAQ  |  Contact Us  |
Ultimate Book Price Comparison Engine Save Your Time And Money Keyword AuthorISBN

Title: Controlling Misfit Risk in Multiple-Manager Investment Programs by Jeffery V. Bailey, David E. Tierney ISBN: 0-943205-43-3 Publisher: Blackwell Publishers Pub. Date: February, 2000 Format: Paperback Volumes: 1 List Price(USD): $29.95

Your Country USA Canada United Kingdom Australia Austria Belgium France Germany Italy Netherlands Switzerland Currency AutoUSD CAD GBP EUR AUD CHF Delivery Only cheapest delivery All delivery options Include Used Books Are you a club member of: Barnes and Noble Books A Million Chapters.Indigo.ca

Average Customer Rating: 4 (1 review)

Rating: 4
Summary: The cutting edge of style management
Comment: Serious reading for investment professionals involved with managing multiple manager funds. Unlike other publications e.g. the Handbook of Equity Style Management or Style Investing, this work provides a cohesive and mathematically rigid approach to the quantitative management of multiple manager programs. Inside you will find an introduction to the concept of investment style, a review of investment manager style classification methods as well as an excellent development of dynamic completeness fund methodologies for managing risk in multiple manager funds. Although the main focus of the book is managing misfit risk, I would have liked to see more on the equally important considerations involved in structuring a multiple manager program e.g. quantitative models of diversification benefits and mean-variance efficiency which would govern the style allocation decision as well as the optimal number of managers to be used within each style etc. Essential and extremely valuable reading!